An exposure draft will be released later this month containing proposed revisions to the AICPA Standards for Performing and Reporting on Peer Reviews (Standards) and Interpretations to the Standards. Comments on the AICPA Peer Review Board's exposure draft are due June 30.
The exposure draft proposes to create one set of Standards and Interpretations within the AICPA Peer Review Program for all AICPA members subject to peer review. Members' firms currently enrolled in the Center for Public Company Audit Firms (CPCAF) Peer Review Program would be covered under this meas